Eneri Company's inventory records show the following data: 
A physical inventory on December 31 shows 4,000 units on hand.Eneri sells the units for $13 each.The company has an effective tax rate of 20%.Eneri uses the periodic inventory method.Under the LIFO method, cost of goods sold is
A) $28,000.
B) $169,200.
C) $173,040.
D) $178,000.
Correct Answer:
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